Daily patriot and union. (Harrisburg, Pa.) 1858-1868, October 19, 1863, Image 1
RATES OF ADVERTISING. u n ps oe leapennutitntNhalfangnarP. Eight linen m ore tlrta folr, cr.ngtitut.• a square. - jOlvt ,Ine day ----- ef) - " eve ',meet... 1.1 00 • • out , .. h 15 00 'L)TI ; t , I hrpo rf,tailfllo 00 fELX 00 e.xi; month.. 15 00 g one y0ax.....11: 0 , ./ L , year —2O 00 gq. ; 011 P 4 (WI! PN:C.II Stsr Hominess rr.ltifxr. inserted in t!v? LOCAL commix, r- before marriages and deaths. "tot ONNTS YEN LINZ for act Desertion. merchants and others advertising year, note-st ttrcum Will re offered. 1 ". an. o.auwer 01 Insertions raustbe designated on amrertleement. I:l — Marriages and Deaths will be inserted at the SPn, rates as regular advertisements. Business tubs. D R. j. C. ROYER, D] ZT wiE• . , OFFICE IN WYETH'S BUILDING, 111 room formerly occupied by Dr. Carman, CORNIIII OF 'MARKET STRERT AND 'MARKET MARS. sepi 0 V D. yirAILTER'S, . CLOCK MAKER, CLEANER AND REPAIRER, NORTH STREET, EAST OF THE CAPITAL. ALL WORE GUARANTEED, Sep 26-d6m M. H. MILLER, era R. E. FERGUSON, ATTORNEYS AT LAW. OPPICE IN SHOEMAKER'S BUILDINGS SECOND STREET, BETWEEN WALNUT and MARKET SQUARE, ap-20w&d. Nearly opposite the Buehler Home. ROBERT SNODGII,ASS, ATTORNEY AT LAW, Office North Third street, third door above Mar ket, Harrisburg, Pa. H. B.—Pennion, Bounty and blilitary claims of all kinds prosecuted and collected. Refer to Hons. John C. Kunkel, Davidldnroina, jr., and R. A. Lambert..n.. znyll-d&w6tn . c. W E 0 E.L , SURGEON AND OCULIST, BEOWENCE THIRD NEAR WORTS BTI T. He is now fully prepared to attend promptly to the dirties of profession in all its branches. A LONG MID TSZT 80002SSFUL MSDIOAL justifies hint in promising full and ample eatisfaction to all who may favor ltintwita a nal; ha the Mama QUIVIde or any ether nature. THOS. O. M.A.cDOWELL, ATTORNEY Alr LAW, MILITARY CLAIM AND PATENT AGENT. ellee in the Exchange, Walnut st., (Up Stairs.) riming formed a connection with parties in Wash ington City, woo are reliable 'business men, any bred. new; connected with any of the Departments will meet with immediate and careful attention. me.y MILITARY CLAIMS AND PEN— SIONS. The undersigned have entered into an andeiation for the collection of Military Claims and the securing of Pensions for wounded and disabled soldiers. Muster-in and Muster-out NOUN ()Dicers' Pay Nan; Ordnance and Clothing returns, and all papers pertain ing to the military service will be made out properly and expeditiously. Office in the Rxdhange Buildin g s. Walnut between .second and Third streets_ near Onlit'a Uarrie 'bur, Pa. 0 MAODOW - BLL, jes g s.dtf THOMAS A. MA.GIIIRE. SILAS WARD. NO. 11, NORTH THIRD ST., HARRISBUNG. NTEINWA.Y I S PIA.IIIOB, DULLODMONS, VIOLINS, tiIIITARS, Baufas, Flutes, Fifes, Drums, Aceordeons, STECIIIGS, SILECT AND BOOR MUSIO, &C., &C., PRO TOGRAPR FRAMES. ALBUMS, Large . Istrr and Mirrorn, square and Ovid 'MVP of everpleszription lunde to order. ReguildingdOne. a Chili eS. 1 1 .7) -- Sheol- ; 0 N G 0V E , TIVERCII ML'' TAILOR! :ji gs j us t, rece i v ed fccna New York, an assort ment of SEASONABLE GOODS, -which he offers to his customers and the public si nov22) MODERATE . PRICES. dtf T COOK, Merchant Tailor, ,qpj • 'a WI:SMUT ST, between Second and Front, Has just returned from the city with an assortment of CLOTHS, CASSIMERES AND VESTINGS, Which will and„ be sold at moderate prices and made up to order' also, an assortment of READY ALADIN 'Clothing and Gentlenseies Furnishing n•sda. uov2l-131 DENT.ISTRY.. B. IL GILBEA, D. D. S., N 0 . 119 MARKET STREET, Positive:) , extracts teeth without pain, by the use of Nitrous Oxide. janS-ti* RELIGIOUS BOOR STORE, FIrACT AND SUNDAY SCHOOL DEPOSITORY, E. S. GERMAN. 'SI SOWER EINCOND SWUM, ABOVE 0H18N137, stirausirOlG, PA. Depot fortale sale of Stereoacopee,StereoseopieVieWl, illuaig 444 ?f&eicai• Installments. Also, subscriptions 'taken for religious publiostione. n080.4Y JOHN G.. W. MARTIN : FASHIONABLE CARD WRITER, HERB'S HOTEL, HAREISI3I7RG, PA. Al'manner of mime, WFDD INS AND BMX 'NESS CARDS executed in the most artistic styles end -mast reasonable to decl4-dtf UNION HOTEL, `Ridge Avenue, corner of _ Broad sheet, HARRISBURG, PA. The undersigned informs the pnbfic that he has re cently renovated and refitted his well-known 'Union Ilotel" on Ridge avenue, near the Round house, and is prepared to accommodate citizens, strangers awl travel erg in the best style, at moderate rates. His table will be supplied With the best the mullets afford, and at his bar will be found superior brands of liquors and malt beverages. The very best scoot-limo s ations for railroaders employed at the shops in this lard iltfj HENRY BOSTOT.N. FRA.NKLiii 33ALTIMOBB, MD. • This pleasant tad iserennodiona Hotel hag beep the Toughly re-fitted and re-furnished. It is pleasantly altnated on North-West corner of Howard and Franklin streets a few doors vest of the Northern Central Bail way De pot. bery attention paid to the cetnfort of his ,guests. G. LBISIINRING, Proprietor, 0124 f (Tate of Selina Grove, Pa.) ... _ _ THEO. F. SCHEFFER, BOOK, CARD AND !OD PRINTER, NO. - 18 MARKET STREET, HARRISBURG. Partieniar attention paid tt , printing, ruling and 'inding of Railroad Blanks, Manifests, Insurance Poli cies, Checks, &c. Wedding, Visiting and Business Cards printed at very low prices and in the best style. iangi TAILORING. . 4 ft., . 7_, T. 7 'The subscriber is ready at NO. 94, MARKET ST four doors below _Fourth Meet, te make MEN'S AND BOY'S CLOTHING . _ In any desired style, and with skill and promptness. Tenons wishing cutting done can have it done at the 'shortest aotien_ , ap27-d CHARLES F. V OLLMEB, UPHOLSTERER, 'Chestnut street, four doors above Second, (OPPOSITS WASHINGTON HOSE HOOSNJ 1.1 prepared to furrdsb to order, in the very best style of workmanship. Spring and Hair hiattresees, Window Car 'odes, Lounges, and all other articles of lettraiture in his 1 ine, on short notice snd moderate tonne. Having ex perience in the bnsiness, he feels warranted in tailing o bus of public patronage, confident of his ability to gigs 5 atilt/Set-ion. I ~ ~..... .." -- -.-- ..... • .. 'O.. . ''b •L' .-- = -.'-'---' "'") ". , ' .-_, L .- - -_,- .--*1 - '--•:-- I ' ''', . - 1 :14 - ' - ' 6-,.- ,L 7 • --1 : - .-* -,. ..---Jr - 7 --- 7 7 .........-. -..--..',...7.ti-t.'-------'-":-,-'1-':::Z.7 IP • 111 VI . * . •i f - , ,::- . ._.-F.,..i . -..,-„:_ ii j . .,,,77 - .. :7 • „: t • . ....-; [ . - "2-. -, 1:.•'-' ,- _ - • • . . , !',. •4; , 1 ,1 .-. '.:: ••.,•,:' IN • : );,.- ''.,_ -•. -, ' .-1 . _...... I --,-4,--. ,„... , ,,i,;..,:-,: !,,1-- VOL. 6.-NO. 41. Oat* Notices. NOTlCE.—Notice is hereby given that application will be made at the next annual ces sion of the Legislature of Pennsylvania, for a renewal of the charter of the West Branch Bank, of Williams port, Pa., with its present name and. style, location, privileges and capital of $lOO,OOO. By order of the Board of Directors , June 30th, 1863-Jy4-tml LEGISLATIVE BANK NOTICE. Notice is hereby given that application will be made to the, legislative authority of Pennsylvania. at the next session of the General Assembly thereof, com mencing the first Tuesday of January, A. 10, 1884, for the incorporation of a Bank having banking and dis counting privileges, with a capital of One Million Dol lars, by the name and style of " The Oil dity. tank," and to be located at Oil City, Yenango county, Penn sylvania. C. V. CIILVER. June 29th,1863-6m NOTICE. Notice is hereby given that "The Commercial Bank of Pennsylvania," intend to apply to the Legislature of Pennsylvania at theirnez session, for a renewal of their charter. Said bank is lo cated in the city of Philadelphia, with an authorised capital of one million of dollars, a renewal of which will be asked for, with the usual banking privileges. By order of the Board. S. C. PALMER, Cashier. PHILADELPHIA, June 29,1863-6 m NOTlCE.—Notice is hereby given that application will be made to the Legislattice of Pennsylvania at their nett session, for a renewal of the charter of The Farmers ) Bank Of Sehttylkill County, located in Pottsville, in the county of Schuylkill, with the present capital of one hundred thousand dollars, and with the usual banking privileges. T. W. OAKS, Cashier. June 16,1863.-7 m N[OTlCE.—Notice is hereby given of an VI intention to establish a Bank of Discount, Deposit and Circulation, under the provisions of an act, entitled 'An Act to establish a system of free banking in Penn sylvania," &c., and the supplement thereto ; said Bank to be called "THE MANUFACTURERS' BANK," to be located in the borough of Columbia, Lancaster county, Pa., with a capital of One Hundred Thousand Dollars, to be divided into two thousand shares of Fifty Dollars each. dec4-6md. ALLENTOWN 134NK. ALLENTOWN Balm, tune 20, 1863. Notice is hereby given, that application will be made to the Legislature of Pennsylvania, at its next session, for an increase of the capital of said Bank to the amount :?•of 31200,000 in addition to that authorised by the present Charter; and also for an extension of the Charter of said Bank for twenty years from the expiration of the present Charter. By order of the Board of Directors. je2o-41tml CHARLBS W. COOPER, Cashier. BAN K NOTICE !—The Stockholders of the FARMERS ) AND DROVERS' BANK OF WAYNKSBURG, in Green county, Pa,, will apply to the next Legislature of the State, for an extension of charter, for the term of fifteen years from tile expire ,ion of its present term. The location, corporate name and privileges, and amount of capital stock, to wit: one.hundred and fifty thousand dollars, to be the game as under its prevent charter. By order of the Board. J. LAZEA.II,, Cashier. Waynesburg, Green co., Pa., June 16,1868—je20-dtml NOTlCE,—Notice is hereby given; in conformity with the act of Assembly, that the stockholders of the Bank of Montgomery County will make an application to the next Legislature of Penn aylossia for a renewal of the Charter of said Beek, with the same amount of capital (Pour Hundred Thousand Dollars) as under the present Charter, to continue its present name and location. By order of the Board of Directors. W. H. BLINGLIIIIS Osibier, ' Norristown, Pa., tune 20, 1863.--fim JOTICE.—The Miners' Bank of Potts- Ane, la the county of Schuylkill, hereby give notice that they intend to apply to the Legislature of Pannaylvenia at their next cession fora renewal of their 4 " .1 "0 , 71j. , ' is located in the borough of Potts ville, capital of Flie Hundred Thousand Dollars—a renewal of which - will be asked without any extension of privilegeo. By order of the Board. OITA. LOESER, Cashier. Pottsville, Juno 20,1863.--61nd NTOTICE is hereby given, that appliea il tion will be made at the next annual session of the Legislature of Pennsylvania. fora renewal of the charter of the HARLON/Pa BANK, with its present name and style, location, privileges, and capital of Three Hundred Thousand Dollars. By order of the Board of Directors. J. WEIR. jen-dtml. • Cashier. TRADESMEN'S BANK, PHILADNLPHIA, June 24, 1863. Notice is hereby given, in conformity with the laws Of the OommonWealth Of PellialirMia, that the Trades men's Bank, of Philadelphia, located in the city of Philadelphia, created with banking and discounting privileges ' with a capital of One Hundred and Fifty Thousand Dollars, that application will be made by the said Bank to the nest Legislature for authority to in crease the capital Ono Hundred and Fifty Thousand Dollars. By order of the Board of Directors. JOHN CAB rießß, Cashier. A MENDMENTS TO THE CONSTITUTION. A JOINT RESOLUTION rnormuNg CER. TAIN AMENDMENTS TO THE CONNTITV. TION. Be it resolved by the Senate and House of Re presentatives of the Commonwealth of Pennsylva nia in General Assembly met, That the following amendments be proposed to the Constitution of the Commonwealth, in accordance with the provisions of the tenth article thereof: There shall be au additional section o the third article of the Constitution, to be designa ted as section four, as follows SECTION 4. Whenever any of the qualified electors of this Commonwealth shall be in any actual military service, under a requisition from the President of the United States, or by he authority of this Commonwealth, Bush electors may exercise the right of suffrage in all elections by the citizens, under such regu lations as are, or shall be, prescribed by law, as fully as if they were present at their usual plum of election. There shall be two additional sections to the eleventh extiole of the Constitution, bo be de signated as sections eight and nine, as fol lows: SECTION S. No bill shall be passed by the Legislature containing'more than one subjeet, which shall be clearly expreesed in the title, except appropriation bills. SECTION a. No bill shall be pound by the Legislature granting any powers, or privile* ges, in any case, where the authority to grant such powers, or privileges, has been, or may hereafter be. conferred upon the courts of this Commonwealth. JOHN CESSNA, Speaker of the House of Repfeteistatiees JOHN P. PENNEY, Speaker of the Senate OFFICE OF TICS SECRETARY OF TEE CONSONwEALTS, Harrisburg, July 1,1863. S PENNSYLVANIA, SS : I do hereby certify that the foregoing and annexed is a full, true and correct copy of the original Joint Resolution of the General As sembly, entitled •"A Joint Resolution propo sing certain amendments to the Constitution," as the same remains on file in this office. In testimony whereof, I have hereunto set my hand, and caused the seal of the Secretary's office to be affixed, the day and year above written. ELI SLIFER, jy7- law6m Secretary of tlic Commonwealth. MOTICE IS HEREBY GIVEN, that L all persons indebted to the estate of Adam Dress ler, late of Jefferson township, Dauphin county, de ceased, are requested to make immediate payment ; and all penman haying claims against said estate win pre sent them to the subscriber for adjustment. JOHE HOOVER. Administra rof Adam Breeder, decl Jefferson towaskip, Sept. 25, 1863.-826 St& oaw* QOLDIER'S CAMP COMPANION.- kJ A very oonvenient Writing Desk; also, Portfolios, Afemorandrun Books, Portmonnales, he., at OQUIPPBWII BOOKSTOBB. MOUNT VERNON ROUSE, Second street, above Arch, PEILADELPILIA. A. F. BLAIR, PROPRIETOR, aetil6) Late of " Surf Honee ) ,, A tlaatie City. pi3m B. JONES, Cashier BUEHLER HOUSE, This old established HOURS has undergone extensive improvements, and been thoroughly renovated and re fitted. It is pleasantly located in the heart of the city, in amp seems to the little Capitol and Public around.. 07 For the accommodation of OUT gaeSeS, we have recently commenced torus a Coach lo and from the Rail road. In this manner unpleasant delay in leaving the Depot for the Motel will be aesiired, and much more time afforded fitesia for meek when kating the House. Intending that the BIEFEEILBR HOUBli shall be really ft home-like resort for the etraoger and traveler we re spectfully solicit a continuance of the public patronage. GBO- .J. BOLTON, geptlEldlim Proprietor. NATIONAL IIOTEL, (bATI WHIM{ BiliAN,) Race street, above Third, Philadelphia. This establishment offers great inducements, not only <on account of reduced ratan of board, but from the cen tral location to the avenues of trade, as well as the con venienoos afforded by several paleenger railroads run ning peat and contiguous to it, by which guests can pass - to and from the Hotel to the different railroad depots, should they be preferred to the regular °motormen be longing to the house. I am determined to devote my whole attention to the comfort and COnTooloote of my guests, and endeavor to give general satisfaction. Terms-41.25 Per Day. DAVID C. SIEGEL:IT, (Formerly of Se& Hotel, Lebanon, Pa.) T. Y. RHODES, Clerk. mrti-dtt v olt SALE.—A two-story Brick House on Pine street. For particulars in q uire or MRS. JOHN MURRAY, oct 10-2mS&W Corner of Second and Pine. PRIVATE SALE--The well known .1. Stone Tavern and Grocery Stand, now doing an ex cellent business, situated between the Canal and Front street, in the borough of Liverpool. Perry county, Pa., is now offered at private sale on accommodating terms. Information regarding the property will be given by calling on the undersigned, or by addressing Dr. T. a. Morris, geeretary, Perry Lodge, No, 258, I. 9, 4. F at Liverpool, Pa. ROBERT WALLIS, T. G. MORRIS, J.A. BLATTBNBERGER, Committee. LIVERPOOL. Oct. lath, 185:3—dErt VALUABLE PROPERTY AT PM - - Y ATE SALB.—The subscriber will self at private sale that valuable Tavern Stud, situate 611 Ridge Road, in the Sixth Ward, Harrisburg, corner of Broad street, being 26 feet in front and- 72 feet deep. The improve ments are a two-story frame Tavern Rouse, with three. story back building, flydrant water in the premises, and other conveniences. The property is calculated either for a store or a hotel, being eligibly situated. For terms apply on the premises to HENRY BOSTGEN. HARRISBURG, September 9, 11893 P. S.—The subscriber will also sell a line et year Old horse. and family carriage, having no tum for the same. asp 2.0-tf H. B. VOR SALE.—Tho BUILDING on the it! corner of Walnut and Short streets, ailed as • VOOPEE SHOP. This building was originally built so that it oonld be turned into Dwelling Howes. It con sorted tbree separate frame. placed together, each frame be Eh by2o rest, making the entito building, as itnow stands, ITo feet Wog and 20 feet wide. Will sell also an SIGHT HORSE POWER B.Nd.TNE AND BOILED ' ', ar _d one or- Stagoayagirs, and SiZ NOW* ler•Oevattag ,21 ,o.els. The above property be sold at a bargain, as we Will to 'attar the ground en which the. building stands. Enquire at the Brokers Once of S. I...M'OULLOOH, feb9-dtf • US Market Street. LOTS FOR SALE-ON NORTH ST. and Pennsylvania Avenue. Apply to E. J. HALDEMAN, 'insrs-4itf Dor. Front and Walnut sta. FOE SALE—A House and Lot on Sixth street, near State. Enquire at the Exchange Office of S. L. WOULLOCH, 26 Market street, • Where the highest price Is thwart 'paid for GOLD ...a SILVER. febl2-dtf HARRISBURG, PA:, MONDAY, OCTOBER 19, 1863. §Ottili. HARRISBURQ, PA lot Sole Sr, eo amt. I'OR SALE.--A TWO-STORY FE HOIJSK in Birort street. Inquire of sep3Otf W K. VBRBEKE. glransportation. DANIEL A. MUENOII, Agent of the Old Wallower - Line, Respectfully informs the public that this Old Daily Transportation Line, (the only Wallower Line now in existence in this city,) is in successful operation and prepared to carry Preiglit as law as anyother individual line between Philadelphia, Harrisburg, Sunbury, Lewis burg, Williamsport, Jersey Shore, Lock Haven, and all other points on the Northern Oertral, Philadelphia and Inc and Williamsport and Dimly.. Railroads. DANLIIui 111111NQII, Agent, Harrisburg, la. Goods Bent to the Warehottae of Messrs, Peacock. Zell & Hinehman,No. 808 and 810 Market street, above Philadelphia, by . 4 o'clock p. m., will arrive at Harrisburg, ready for delive , next morning. myo T F. WATSON, IVIA_STIC WORKER AND PRACTICAL CEMENTER, /14 prepared to Cement the extorkve Of Dandier with he New York Improved Water-Proof Mastic Cement. This Material it different from all other Oemente, It forms a solid, durable adhesiveness to any surface, imperishable by the action of water or frost. Every good building should be coated with this Cement ; it is a perfect preserver to the walls, and makes a beautiful, fine finish, equal to Eastern brown Pfincistone, or any color desired. Among others for wbom I have applied the Mastic Cement, I refer to the following gentlemen : J. Bissell, residence, Penn street, Pittsburg, finished five ,ears. J. H. Shoenberger, residence, Lawrenceville, finished five years. James WCaridlass, residence, Allegheny City,finished fiye years. Calvin Adams, rivi4euce, Third Wed, finished fogy years. A. Hoevelar, residence, fiawreneeriile, finished four years. J. D. M'Oord, NM street, 4 Rilthed four yearit. Hon. Thomas Irwin, Diamond street, finished font years. St Charles Hotel and Girard House, finished five years. Kittanning Court Hones and Bank, for Barr St MBllOl, Architects, Pittsburg, finished five years. Orders received at the office of B. M'llldowney, Paint Stop, 20 Seventh street, or please address T. F. iraTtioN, asayl6-tf P, 0. Boa 1506. Pittsburg, Pa. A URINGER'S PATENT BEEF TEA, Di a eelid, eaneeatrated extract of BEEF AND VEGETABLES, Convertible immediately into a nourishing and deli cdons soup. Highly approved by &amnia. of sminent Phirsiciags, Tide admirable Wide condensed late a rampant form, all the substantial and nutritive properties of a large bulk of meat and vegetables. The readinees withwhich it dissolves into a rich and palatable Soup, which would require hours of preparation according to the usual method, II an advantage in many 1411110 MP of We l too obvious to need urging. Its highly nourishing qualielee combined with its delicacy, rendez% it invaluable for the sick ; while for those in health, it is a perfect substitute for fresh meat and vegetables. It will keep good in any ailmate. It is peculiarly well adapted TOR TlLkvsbsiin, by lend or sea, who can t h as avoid those accidental deprive Ilona of a comfortable meal, to which they are so liable. NOB INVALLN, whoa* capricious appetite can thus eatidied in a moment. TOR STORTSMIraI and IXOUBSIONISTS. to whom, both its compactness and my preparation will recom mend It. For sale by sepit-tf U. Boo& Js., & Co. GOLD PENS I—The largest and Lei dock, from 61.00 to s4.oo—warnated—at IKIMIMBI BOOUTOIII. if* :11 grid C nio n. MONDAY MORNING, OCT, 19, 1868. NEW NATIONAL BANKING SYSTEM ; OR, GOVERLMENT PAPER MONEY. At a meeting of the New York Clearing House association, held October 6, 1863, the following ressolution was adopted : "Resolv.d, That a committee of five bank officers be APPointed to examine into the system of National Banking initiated by the nresent Secretary of the Tres miry, in its prospective effects upon the currency of our nation and the natiopal credit; and to report what ac tion, if any, devolves upon the banks of this ammonia- Lien in the premises." REMARKS OF JAMES (lALLATIN, ESQ., IN REFER- _KNEE TO THE ABOVE REBOLTITION, Questions of serious importance, to which your attention was solicited two years ago, have lately been brought to your notice in a circular dated 28d ult., signed "A. Bank Stock holder and Director." It is conceded in this circular that the "flood" of paper money is sued by the Secretary of the Treasury was wholly uncalled for, and that the refusal to adopt the suggestions of bank' officers and others, as to the expediency of maintaining specie payments throughout the war, has led to the evils which were then foreshadowed, and which are now coming upon us in such fright ful shapes that even those who derided the idea of sustaining specie payments stand aghast before the creations of their own policy.— Thanks to the disasters which have over whelmed the paper issues of the insurgent Davis in ruin, all loyal men can now see whither Mr. Chase's paper money schemes are tending. No man can now doubt the folly and the madness of these achomes, nor question the practicability of conducting any conceivable amount of financial business in this country upon a Specie basis; for, as we know by past experience in the Clearing House, the qqantity of real money required to be moved does not amount to a twentieth part (five cents in the dollar) of the sum of the business transaeted. The Secretary's plans are defended on the ground that they have saved to the country the interest en his issues of paper money, but the increased prices of supplies are enhancing the cost of the war, and increasing our na tional debt to a much greater extent than the savings of this interest; and as the proposed further issues by the new banks can only ag gravate the evil, without saving to the gov ernment. the interest on the proposed increase ef circulation, it becomes the duty of bankers as well as the people to look earnestly as pa triots at the consequences of the extension of this new description of paper money. Does the country need it? Will it save the govern ment from increased expenditure ? Wilt it save interest to the government? Will it bring ua nearer a specie standard ? All these questions, in my humble judgment, demand serious investigation. If they are to be an swered in the negative, what then is the possi ble use of this new current:) , ? Centralization of monetary power at Washington is one. Is that desirable? Is it judicious to place the whole volume of security for the entire paper money of the country in the bands of one wan at Washington ? Images of grandeur and power' limy be floating in this one man's inia *Dation. "Those meteor lights, which are efkiNiit'vE gcr tj _z , revo lution to allure the ambitious and weak." This new paper money of the new banks is not a legal tender by act of Congress. GeV ernment may pay it to certain of its creditors, and it is bound to receive it in payment of all debts ether than duties on imports. But the notes are redeemable only where issued, and as Government may pay at New York the is sues of a bank at St. Paul, in Minnesota, it follows that the currency of the new banks located out of this city will assume the char acter of that description of uncurrent money heretofore and now bought by our city bro kers at a discount. Ido not understand how such issues can be taken at the Clearing House, and treated as current money in this city; end tie the proposed object of creating a national currency with this new money will be defeated by the inevitable depreciation of the issues in places distant from the places of re demption, no efforts of ours.through the New York Clearing House would avail in counter acting the natural law of depreciation inherent in the issues thus circulating. Eerie() it will be impossible, in my humble judgment, to re ceive such issues at the Clearing House, and the whole of this new banking system, being intended to maintain a certain unity of pur pose, the rejection iof a part necessarily in volves the rejection of the whole. No injury can be done to the Government, Or the holy cause of preserving our national life, by permitting this new currency to follow the natural law of depreciation inherent in such issues, because the Government saves nothing by the issues ; en the contrary,Govern- ment must lose heavily by these issues if all banks receive and pay them, and thus convert them into current money to increase prices and add immensely to the national debt, by thus increasing the cost of the war. Patriot ism as well as duty, therefore, call upon us to avoid the error of adding them to the Volume of current money, already so largely expan ded. Before the suspension of specie payments, nearly two years ago, when the question of Mr. Chase's plans created uneasiness among us all, I. then remarked in an address at one of our meetings "That we were all desirous of knowing his plans for the future, and particularly the measures he proposed to recommend to Con gress. is custemary, la all countries, to communicate such information freely to all persons making great loans, and the Finance Minister of even the most despotic governments considers himself bound to furnish it on such occasions. But Mr. Chase utterly refused to give any intimation of his plane to us, Having heard rumors from the street that plans for an indirect issue of Government paper money, upon national securities, in imitation of our system in this State, were being pressed upon his notice, I prepared and read to *him on that occasion an exposition of the futility of re sorting to such's scheme, and explained how it would fail to yield him the supply of capital required. He solicited a copy of the paper, 'which I gave him, and in the hurry of pre paring his report, he no doubt overlooked it, for a few days afterward he sent in his report to Congress, recommending the very scheme I had exposed. It would seem evident, there fore, that either he is notvery well acquainted with the nature of financial affairs, or is con trolled, no doubt, by well meaning persons,who advocate the policy of a suspension of specie payments and a vast issue of paper money. In either case the results of hie policy will be the same, and the influence upon us is no longer a matter of conjecture." We all know what Mr. Chase's plans were, and we are also familiar, from daily observa tion, with the enormous fortunes that have been realized by individuals within these two years from the successful carrying out of those plans; while the poor have been made poorer, PRICE TWO CENTS. and the industrial and producing classes are loaded down by high prices incident to the inflation which 1 -floods" of paper money create. But all remonstrance has been in vain, and now it is highly probable that the failure which bide fair to attend these new bank is sues upon emerging into circulation will lead to their being made a legal tender by Congress at the approaching session, or to some attempt of that kind ; for it seems no longer doubtful that the paper money advocates are deter mined to push their opportunity to the very last desperate resort., exactly in imitation of the famous bubble of the great prince of paper money, the celebrated John Law. In view of this course of events, in January lasi. I. wrote to Senator Fessenden: "There is a certain positive limit to our ca pacity for expenditure as a nation. Our sa sings (in the loyal States) have been shown in our last census, and although some estimate them as continuing even during the present struggle at a rate equal to that of the most prosperous year of the decade which closed with an aggregate wealth computed at twelve thousand millions, it is by these that our course in the war should be regulated as to expenditure, and whether they amount to four hundred or seven hundred millions, it must be borne in mind that the regulating power of the currency over these savings is one of the most important elements of our economical calcula tions. If we - continue to add to our paper measure of price, we shall continue to lessen the power of the people to save, because we shall drive out of the country the real money upon which all prices and value depend. No legislation or device of man can prevent that. Specie is now near fifty per cent. premium ; prices of everything but Government stocks are rising, and gold is flowing out of the coun try in a steady stream. More legal tender will increase the prices of all property and commo dities, except Government stook-, and render it more and more difficult to fund the national debt in long loans. of These phenomenas are not new. They have always accompanied excessive issues of paper money. Freight has as much influence as the love of gain, in producing them. 'When there is an abundance of money, and every thing is rising, people find it more profitable to use the money to speculate with than to in vest in permanent leans. Vast issues of elov ernment paper money create fears of national bankruptcy. All this fear, and alarm, and speculation may be, and no doubt is, very fool ish and very unpatriotic. But we cannot change human nature_ Our statesmen must deal with it as it is, if they would make it ser viceable to tne great and holy object of pre liervine oar nationality and perpetuating our liberties." And, in view of the hostility evinced at Washington toward all ; existing banks, I ad ded in the same letter to Senator Fessenden "Since the foregoing was written, my atten tion has been called to the state of feeling and opinion existing at Washington upon the finan cial affairs of the Government. A. persistent hostility seems_ to prevail against the banks, on the part of the very gentlemen who desire to create new banks. Now, I would ask, is this a time for such machinations l It was impos sible for the Secretary of the Treasury to have gone on in the early progress of the rebellion had not the banks come •to the aid of the Om moment. Indeed, many believe that the re bellion would probably at first have been suc • oessful if the banks of "the loyal States had not moltuoteered their aid as they cid long before the Secretary was - anti to tuAttrii• Aar plage for the relief of the Treasury: . (AltAotighlhe banks suppled him with resourors, he neglect ed the provisions of the law authorizing him to draw direct upon them, preferring to make his drafts through the sub-treasury, thus draining them of their eoin, and from this cause has arisen very many of : our financial troubles. It produced the suspension of specie payments, and caused the inflation of the cur rency, which (together with legal tender is sues) have tended to reduce our material power, thus favoring the designs of the re bob." The hostility to which I thus referred has now been openly avowed by the Controller of the Currency in his circular letter dated last month. He has declared his desire to hare all the banks now in existence wound up and transformed into banks which shall be known by simple numerals, as "one," "two," "three," "four," &0., so that 'no distinction shall re main to mark those of high credit and good standing (as the Bank of New York, Bank of Commerce, and like institutions) from those which may have neither. I can find no war rant in the act of Congress for his arbitrary decision against the old banks retaining their former names, when re-organized under the new law. He says: "Before I entered upon the dis charge of my duties as Controller of the Cur. rency, the Secretary of the Treasury. after much consideration, had come to the conclu sion, as a National Currency was to be provi ded through the instrumentality of National Banking Assoeiations,that all such associations should have a common name. Persons forming associations under the act have, therefore, been advised to tate the 111111:108 of First, Sec ond, Third, &c., National Banks of the planes in which they are established, according to the order of organizations This rule is expected to be observed by State banks that may be converted into National banks under the sixty first section of the act, as well as by original associations." It is not the Act of Congress, therefore, but a "conclusion" of the Secretary of the Trea sury, which is to prohibit a bank from retain ing its name, under which it may have attained a high degree of credit, as valuable to it, pro bably, as a large portion of its capital ; and, indeed, the Secretary might with as much jus tice require men employed in these new banks, to be known by, their numbers instead of their names, so far as any authority that I can find in the law of Congress has conferred that power upon him. The Controller of the Currency says: 44 1. know with what tenacity and pride the managers of old and well conducted banks cling to the names which their ability and in tegrity have done so much to make honorable; but I would suggest to them that it will be an easy matter for them to - transfer to National institutions the credit which they and their predecessors have given to State institutions; that it is not the name of a bank, but the character of the men who conduct its affairs; and the character of its securities, that give to it the confidence of the public. The Mer. chants' Bank of Boston will not lose a particle of credit by becoming the First National Bank of Boston ; on the contrary, its credit will be improved by it. Nor would the stock of the Chemical Bank of New York be a whit the less valuable, nor would its reputation be in the slightest degree lessened, by its becoming the tenth or the fiftieth National Bank of New York." It is true that a rose by any other name will Betell as sweet," but I doubt very much the possibility of transferring the credit of old banks, as he proposes, to the new ones, under new names, especially as the names he pro poses are not real distinctive names, but simple numerals I In the case of members of Congress • I : • : • MO • SUNDAYS IXOEPTBD BY O. BARRETT & 0,0 Tax DAILY ?Am*OT AID Vino. will be orrnsi to maw webers reading in the Borough for TIN ants if Wang payable to the Carrier. Mail mitieoribers, mai gamin IVA M(111711. .1* Tii* - 111111ILLT NOVIRIOT MID num iiipnblisial atm; nom.saa.ran minon, invariably in advanab. Tea mei, to mac address,fiftess dollars Oreneet,wl with this wWablishment a extensive JOB 02111011, containing a_variety of plain sal baby tiPiunelpsMed by any establishment in the fatalist , Of e e etste, for which the patronage of the public is no netted. or the members of the Cabinet, for instance, how ridiculous for the Speaker of the House or the President to insist upon having them known by their numerals ! Or for the Secre tary and the Controller to be compelled to se:. lest numerals for themselves ! A. "centralization of powers" at Washington, to edam snob a "regulation," would be no more absurd than this proposed "regulation" as part of the finan cial "centralization of power" to Compel banks to be knows by their UtUnerale. Indeed, there is a serious question involved in this number ing of banks, involving the credit of the whole system. I refer to the great danger of the or ganization of bogus banks under the new law, as was the case under similar laws in several of the Northwestern States, some years ago ; and it is possible that the Secretary, as well the Controller, may live long enough to wit ness serious blows to the credit of the new banking system from abandoning distinctive name for malPeralS• Among all the deplorable consequences of increasing the prices of commodities by this proposed increase of paper money through the new banks, none is so injurious to our na tional wealth as the transfer of our public debt into the hands of foreign capitalists at the most extraordinary low prices. Persons not conversant with financial affairs aro ahlladt fully deceived and misled on this question. Because the stocks of the United States are quoted at or above par, no matter what may be the price of gold and other commodities, they consider our financial policy to be foun ded upon the wise teachings of experience. Now, for example, let us take * ease, similar to those which occur every day on the street and in the New York Stock Board. We will suppose gold to be at fifty per cent. premium, as it has been more than once within a year. and a capitalist residing in,Lontion or Paris wishes to buy one thousand dollars worth of our government stock—say "fivartwentie&" This stock is at par in our paper money, one hundred dollars in "greenbacks" being worth one hundred dollars in "five-twenties. The capitalist has sent one thousand dollars in gold (or bills of exchange payable in gold) from London or from Paris, and this 'sells in New York for about fifteen hundred donors in greenbacks, there being a slight charge for expenses ; so that every thousand dollars sent from other countries, when gold is about fifty premium in New York, buys about fifteen hun dred dollars of our Government stock, bearing six per cent. interest in gold, and In reality Mr. Chase gets less (in real value) , than one thousand dollars for his fifteen hundred of stock, because his issues of paper money have increased the price of everything so much that the fifteen hundred dollars he would have re ceived in paper, in the example just referred to, would buy far less in commodities than the thousand dollars under a specie currency. He pays interest on fifteen hundred dollars annually in gold, being ninety dollars a year. although he has received in real value only one thousand dollars. In this way every for eign capitalist, when gold is at fifty premium. gets our government securities at about sixty six cents on the dollar, so that his capital yields him more than nine per cent. interest, while our poor people, as well ao idl pereetul having fixed incomes, are made to pay fifty per cent. more for the necessaries of life, and our own capitalists are compelled to pay fifty per cent. more than foreigners for our national securities. To impoverish a nation, and dis courage the labor and savings of its people. no system is so effectual as this of paper runner ; and_itie this system, so ruinous to the nation and tne pi3oprenitin w - to render active and efficient by admitting its engines into the Clearing Howie, that they may destroy and supplant the specie paying system upon which our New York City banks are founded, and establish upon its ruins that of the notorious John Law, which has exploded in every country which has tried it, leaving a succession of awful warnings and admonitions, which are to be read in almost every chapter of the history of nations, during the last and present centuries. MUBICAL, One of the interesting musical events of the season is the competition in instruments, and the pocess that has attended the exhibition of Bradbury's Piano Fortes at the several fairs recently held. This success is the more re markable from the foot that a new competitor for publie fiver has always to contend with the prejudices of those who are interested in keeping .their old favorites in the front rank; and it ie only when the intrinsic merits of a new instrument are so apparent as to render opposition to it hazardous to their professional reputation that it can get a fair start. This bee been the opening year for Brad bury's instruments, and thus far with the fol lowing result : I. First prize at the New Jersey State Fair at Paterson. IL First prize at the New York State Fair at Utica. • 111. First prize at the Ohio State Fair at 0/eveland. IV. And now, at the Fair of the Anteri=a Institute in this city, it has also been awarded the first prise. There was a large number of fine pianos in this exhibition, and the managers of it devoted to them the largestnnd most prominent apace in the main hall in the Academy building. Among these the beautiful square piano con tributed by the manufacturer, William B. Brad bury, maintained a first place, being remarka ble for power, brilliancy, richness, purity mid equality of tone, combined with delicacy of touch, strength f frame and general excel lence of mechanical manipulation. This piano has Mr. Bradbury's new and improved settle, which is now receiving the highest oiniimenda- Lions from first alert musical authority, as well se the public generally. L. M. Gottschalk, the eminent composer sad -pianist, after a most thorough and soratinising trial, says ; " I have examined with great care Wm. B. Bradbury's new scale piano-fortes, and in my opinion they are very superior in struments. I have especially remarked their thorough workmanship, and the power, purity, richness and equality of their torte. I recom mend theie instruments to the public. in gene ral, and doubt not , of their success." This opinion, we are assured, is fully concurred in by Messrs. S. B. Mills, Maurine Strakoseh, William Mason, Max Maretsek, W. Berge, Henry Sanderson, Geo. W. Morgan, Charles Grebe, Theo. Hagen, Charles Fradel, John H. Ickler, Clare W. Beames, Charles Wells, Robert Stoeppel and Theodore Noelling, a galaxy of musical experts, whose united and unanimous favorable opinion could only be secured for an article of great intrinsic value, in their speed alities. This piano has an iron frame, overstrung bass, and every real modern improvement. It is constructed of the beet through-seasoned materials. and its outward finish is second to none. We are - informed by the managers that. Mr. Bradbury did not manufacture this instru ment especially for exhibition, but that it was taken promiscuously from his general Meek. The public are already indebted . to Mr. Bradbury for his labors al a composer of ohuroh and eabbath school music; bfit it would seem that hie Moen in that department is to